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shusha [124]
3 years ago
7

What is the maximum amount you would pay for an asset that generates an income of $ 250,000 at the end of each of five years if

the opportunity cost of using funds is 8 percent?
Business
1 answer:
Galina-37 [17]3 years ago
3 0

Answer:

170,146

Explanation:

$250,000 / (1.08)5= 170,146

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